It's a great way to handle non-important information. A quick glance and you're done. No taking out the phone out of your pocket.

I think a better approach is to tell your phone to stop beeping at you about non-important information, esp the social media crap. Not only will you save yourself $200+, but you also won't have to wear this ridiculous fucking thing on your wrist, and have to charge it every day.

If you feel like you need a smartwatch because the amount of times you pull your phone out of your pocket every day becomes cumbersome, I'd say you're way too distracted by your phone.